Gas fired distributed generation in shanghai Pipelines, Storage & Power

Challenges force Huadian to cut gas-fired distributed generation goals

High gas prices and lower power tariffs have led China’s biggest gas power producer to lower its capacity target for gas-fired distributed generation.

By Tang Tian 20 November 2017
Global Markets

Chinese gas consumption up 18%

China consumed 167.7 billion cubic metres of gas in the first nine months of 2017, up by 18.4% year on year.

31 October 2017
LNG

Asian LNG prices rise as heating demand grows

Spot LNG prices in Japan, South Korea, China and Taiwan climbed for the fifth consecutive week last week.

31 October 2017
Ice-class LNG carrier LNG

Yamal LNG startup to boost Chinese companies

Novatek’s Yamal LNG plant could provide a global stage for Chinese engineering firms, which built the bulk of the highly challenging Arctic project.

30 October 2017
LNG

Chinese LNG output expected to decline this week

Production is expected to fall to 47.86 MMcm/d as plants in Shaanxi, Hebei and Heilongjiang shut down for maintenance.

26 October 2017
Pipelines, Storage & Power

Xiangguosi UGS has 1.5 bcm in store for winter

PetroChina’s Xiangguosi underground gas storage depot in Chongqing has stored 1.5 bcm for the coming heating season.

25 October 2017
Exploration & Production

Changqing Oilfield launches new wells

PetroChina’s Changqing Oilfield subsidiary has launched eight new wells that can produce a combined 190 Mcm/d.

25 October 2017
LNG

Heating demand pushes up Chinese LNG prices

Chinese wholesale LNG prices increased last week as rising demand for heating caused plants to up their asking prices.

25 October 2017
Pipelines, Storage & Power

Kazakhstan starts up CACP gas supplies to China

Kazakhstan has started supplying gas to China via the Central Asia-China Pipeline network for the first time, CNPC said on Monday.

24 October 2017
LNG

Ningbo terminal passes 1 mt in sales for year to date

China National Offshore Oil Corp.’s Ningbo terminal in Zhejiang province has sold 1 mt of trucked LNG so far this year.

24 October 2017
LNG

Asia’s spot LNG prices make biggest gains in five years

Average spot LNG prices in Asia's major importers climbed by around 15% last week, the biggest rise in at least five years.

24 October 2017
LNG

Tangshan terminal imports pass 8.29 mt

PetroChina said its Tangshan terminal in Hebei province has received 8.29 mt of LNG since it went online in November 2013.

23 October 2017
Companies & Finance

PetroChina supplies to Shanghai pass 35 bcm

PetroChina has supplied 35.30 billion cubic metres of gas to Shanghai since 2003.

20 October 2017
Exploration & Production

Keshen field is Tarim Oilfield’s most prolific gas producer

China’s Keshen gas field, operated by Tarim Oilfield, is producing an average of 18 MMcm/d.

20 October 2017
Exploration & Production

CNOOC gas sales from South China Sea fields to Guangdong up 27%

CNOOC had sold 3.12 bcm of gas from fields in the South China Sea to Guangdong province this year as of 16 October.

20 October 2017
LNG

Ningbo winning race on LNG tanker truck sales

Ningbo ranked first in terms of sales of trucked LNG from Chinese terminals last week, sending out 1,225 tankers.

19 October 2017
Sinopec’s LNG terminal in Beihai. Supply & Demand

China gas boom to trigger new ‘LNG super-cycle’

Chinese importers need to start contracting for more LNG to avoid a supply shortfall early next decade that could spark a new ‘super-cycle’ in export projects.

18 October 2017
LNG

Stock-building pushes up Chinese LNG prices

Stock-building ahead of winter drove China’s ex-works LNG prices up by 9.58% week on week last week.

18 October 2017
LNG

Yuedong LNG deliveries pass 230,000 tons

CNOOC’s Yuedong terminal in Guangdong province has sent out 230,000 tons of LNG since it started selling the fuel in May.

17 October 2017
LNG

Asian LNG prices hit highest level since March

Spot LNG prices in Asia’s major importers averaged $6.76/MMBtu on 13 October, their highest level since mid-March.

17 October 2017
Sinopec’s Fuling shale gas field. Exploration & Production

China on course for 10 bcm of shale output – official

China is hoping shale will provide a major boost to domestic gas output and is targeting 30 bcm/y of production by 2020.

16 October 2017

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